NYSE: HD
Home Depot Inc Stock Forecast, Predictions & Price Target

Analyst price target for HD

Based on 18 analysts offering 12 month price targets for Home Depot Inc.
Min Forecast
$232.00-18.23%
Avg Forecast
$297.22+4.76%
Max Forecast
$332.00+17.01%

Should I buy or sell HD stock?

Strong Buy
Strong Buy
11 analysts 52.38%
Buy
3 analysts 14.29%
Hold
7 analysts 33.33%
Sell
0 analysts 0.00%
Strong Sell
0 analysts 0.00%

Forecast return on equity

Is HD forecast to generate an efficient return?
Company
-3,305.15%
Industry
-317.35%
Market
-1.26%
HD's Return on Equity is forecast to be low in 3 years (-3,305.15%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is HD forecast to generate an efficient return on assets?
Company
21.60%
Industry
10.40%
Market
11.45%
HD is forecast to generate higher Return on Assets (21.60%) than the US Consumer Cyclical industry average (10.40%)
Forecast

HD earnings per share forecast

What is HD's earnings per share in the next 3 years based on estimates from 14 analysts?
Avg 1 year Forecast
$11.36+3.58%
Avg 2 year Forecast
$11.88+8.28%
Avg 3 year Forecast
$12.72+15.98%
HD's earnings are forecast to grow at a rate of 4.69% per year, which is not exceptional
Forecast

HD revenue forecast

What is HD's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$125.6B+5.25%
Avg 2 year Forecast
$124.5B+4.30%
Avg 3 year Forecast
$129.4B+8.41%
HD's revenue is forecast to grow at a rate of 2.19% per year, which is not exceptional
Forecast

HD earnings growth forecast

How is HD forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
4.69%
Industry
26.27%
Market
14.77%
HD's earnings are forecast to grow slower (4.69% per year) than the US Consumer Cyclical industry average (26.27%)
Forecast
HD's earnings are forecast to grow slower (4.69% per year) than the US market average (14.77%)
Forecast

HD revenue growth forecast

How is HD forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
2.19%
Industry
5.83%
Market
5.69%
HD's revenues are forecast to grow slower (2.19% per year) than the US Consumer Cyclical industry average (5.83%)
Forecast
HD's revenues are forecast to grow slower (2.19% per year) than the US market average (5.69%)
Forecast

Home Depot Stock Forecast FAQ

The consensus among 21 Wall Street analysts covering (NYSE: HD) stock is to Strong Buy HD stock.

Out of 21 analysts, 11 (52.38%) are recommending HD as a Strong Buy, 3 (14.29%) are recommending HD as a Buy, 7 (33.33%) are recommending HD as a Hold, 0 (0.00%) are recommending HD as a Sell, and 0 (0.00%) are recommending HD as a Strong Sell.
According to 18 Wall Street analysts that have issued a 1 year HD price target, the average HD price target is $297.22, with the highest HD stock price forecast at $332.00 and the lowest HD stock price forecast at $232.00.

On average, Wall Street analysts predict that Home Depot's share price could reach $297.22 by Oct 14, 2021. The average Home Depot stock price prediction forecasts a potential upside of 4.76% from the current HD share price of $283.73.
(NYSE: HD) Home Depot's forecast annual earnings growth rate of 4.69% is not forecast to beat the US Consumer Cyclical industry's average forecast earnings growth rate of 26.27%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.77%.

Home Depot's earnings in 2020 is $11,827,000,000.On average, 14 Wall Street analysts forecast HD's earnings for 2021 to be $12,221,058,763, with the lowest HD earnings forecast at $11,239,213,939, and the highest HD earnings forecast at $12,874,008,694. On average, 14 Wall Street analysts forecast HD's earnings for 2022 to be $12,774,953,038, with the lowest HD earnings forecast at $12,088,877,003, and the highest HD earnings forecast at $13,562,343,328.

In 2023, HD is forecast to generate $13,683,339,650 in earnings, with the lowest earnings forecast at $13,067,602,810 and the highest earnings forecast at $14,003,307,702.
(NYSE: HD) Home Depot's forecast annual revenue growth rate of 2.19% is not forecast to beat the US Consumer Cyclical industry's average forecast revenue growth rate of 5.83%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 5.69%.

Home Depot's revenue in 2020 is $119,318,000,000.On average, 10 Wall Street analysts forecast HD's revenue for 2021 to be $135,070,964,068,821, with the lowest HD revenue forecast at $132,459,782,769,103, and the highest HD revenue forecast at $137,539,692,365,071. On average, 10 Wall Street analysts forecast HD's revenue for 2022 to be $133,852,425,701,893, with the lowest HD revenue forecast at $129,973,711,666,655, and the highest HD revenue forecast at $137,968,073,122,200.

In 2023, HD is forecast to generate $139,126,440,286,922 in revenue, with the lowest revenue forecast at $136,446,853,581,944 and the highest revenue forecast at $142,000,208,343,085.
(NYSE: HD) Home Depot's current Earnings Per Share (EPS) is $10.97. On average, analysts forecast that HD's EPS will be $11.36 for 2021, with the lowest EPS forecast at $10.45, and the highest EPS forecast at $11.97. On average, analysts forecast that HD's EPS will be $11.88 for 2022, with the lowest EPS forecast at $11.24, and the highest EPS forecast at $12.61. In 2023, HD's EPS is forecast to hit $12.72 (min: $12.15, max: $13.02).
(NYSE: HD) forecast ROE is -3,305.15%, which is considered weak.
(NYSE: HD) forecast ROA is 21.60%, which is higher than the forecast US Consumer Cyclical industry average of 10.40%.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
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